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was a mass wave of terror. wr very to learn the lesson, just as the united states and president obama would not imagine to management with -- >> a false camp parson. >> osama bin laden. >> that's a false comparison. >> that's exactly the situation. where you are sitting right now, the lapped of israel is not occupied. the land of israel belongs to the jewish state. >> say that to the 2 million palestinians that occupy it. that's not the point. >> the palestinians have their own land and instead of using it for peaceful entity of their own, they are using it to shoot my own kids. i served in the army, in many combat missions. believe me, i want peace more than anyone. i have no desire to go fight, risk myself and have my kids become orphans. not something i want to do. but faced with a very determine ed radical islamic enemy, we're not going to give in. we'll fight as much as necessary to protect the jewish state. >> but that kind of grandstanding, pompous statement, black and white clap trap doesn't necessarily ensure the long-term safety of the state of israel, something we're all interest
supplement plan that may be right for you. >> a new gallup poll shows the percentage of americans who think the country will be worse off than four years has more than doubled in four years. apparently an obama presidency has not inspired much optimism. do you agree? here's what some of your posting on our facebook page. we asked on gerriwillis.com. 1% said better, 99% said worse. here are some of your e-mails in response to election day. jim from michigan says i hope republicans just say no more charitable deductions, reduce spending and let things go down the toilet. let joe biden give more than his nine tenths of a percent. i say if you do not pay federal income tax is, you cannot vote. thomas agrees. the american dream is gone, so get ready for texas who never would have dreamed for. environmental control, higher energy costs and shortages. loss of personal liberty and a guarantee for nuclear proliferation. revision of the u.s. constitution and unheard-of lowering of american prestige worldwide. i'm in the first time i this herbal years ashamed of the american electorate. and the u.s. w
that will be the play when you move back into equities. we're still neutral right now. cheryl: underneath that umbrella of healthcare, if you will, the insurance companies got a big boost thanks to the president's healthcare law, the obama care, if you will but you think that trade is maybe over. >> you have to separate what gets the pop and then stays versus where do you think there's a longer term play. >> people still get sick i guess is what i'm saying? >> people get sick, but i think there will be enough pressure and uncertainty on the healthcare side despite people getting sick, we don't think that's the best place to have your money right now. we'd be underweight. cheryl: dividend paying high yielding equities, am i missing anything here? >> on the fixed income side what we like there is we like credit over treasuries. we would be in corporates, high yield. and some of the munis. revenue bonds, things like that. cheryl: the treasury market overall is the fact you have europe which has a host of problems, those are never ending so you still have kind of a nice interest in u.s. debt. do you think
to intel, but right now it is in real trouble. stocks are on sale down nearly 200 points the dow jones industrials but we have the ceo of honeywell coming up, just in a meeting with president obama, so let's begin after the bell with david asman. david: a lot of people sit in it he started talking the market went down. i think it was much more to do with what the federal reserve was saying about when they may raise rates. they broach the subject of raising rates even though it is in the future. liz: that and possibly qe4 and people trying to blame the president. we know nicole petallides talking to all the traders and accelerating losses into the close. nicole: he said we have further to go to the downside, looking at the technicals were not actually by the market until we were a nice pop for facebook. liz: on the down day, abercrombie and fitch came out with sales just down on fifth avenue can see there is always a line for this company. nicole: they were down 36% year-to-date after the close. today a complete turnaround saying the sales are doing well. good numbers for abercrombie. d
obama. what do you think? what is the right way forward in our relations with china at this time? what's the right thing to do? >> one, i think you have, and you all know this, you know. what you hear from barack obama or mitt romney, the candidate, is going to be different than what you're going to hear from barack obama for president, i would have heard with romney for president. that's just the way of campaigns, and you all know that. i think you have to think of china in two ways. and one was come it is sort of summed up. i had a meeting in beijing a couple weeks ago and i met with a man named john who will be the premier of china. so he's talking in chinese, very interesting man. and he says something in chinese and the translator translated, america and china are not rivals. i thought well, that's interesting. and he stopped the translator and said no know. i didn't say we were not rivals. we are rivals. but i said we're not necessarily on the opposite side of the table. and i think he captured something very important there. i think the way you need to take about china is this w
of washington and elsewhere, right? they are being felt in afghanistan, president obama losing his cia director and wondering about general john allen. we have the author of "little america, the war within the war for afghanistan." nice to have you back on the program. you say you've just heard it from general allen's camp, what are some of the news that you can report about general allen, and all of this news about him potentially being involved in a scandal himself? >> yeah, jenna, late breaking developments here. we heard overnight, of course, that the pentagon was saying that there were 20 to 30,000 pages of documents of emails supposedly exchanged between general john allen, the top commander in afghanistan and jill kelley, this woman at the heart of the petraeus-broadwell scandal. a senior u.s. official who is close to general allen has just told me that in fact it wasn't 20 to 30,000 separate emails, there were hundreds of messages, but really not the big number that is being bandied out there and said that most of these were similarly innocuous messages, in many cases messages sent by m
in the dictionary. >> like a mem sgle the same society that created the barack obama song where you took all these words. >> right. >> with eve got too much time on the hand. >> word of the year for you guys, anybody? >> lol. >> lol. >> yeah. >> they force amaze balls on me. put it in the script. i go in there and remove it quickly. >> put it in a script. >> i'm not like reading amaze balls today, take that thing out. >> but yet you're bringing it up. >> you brought it here. now we have it. >> take three. movember mustache madness. november is global men's health charity engaging men to grow and women to support the mustache for 30 days in november, and we've brought. >> to support men's charities for health. >> fun for men's health, prostate, testicular and prostate cans everyone initiatives. we've got some of our guys. >> look at this. >> are those real mustaches. >> some of you look like you have been eating manchovies. >> ryan, getting the caterpillar going pretty soon. >> tell that to my wife. >> is it working, sparking conversation and people asking you about it? >> sure, yeah, yeah, y
and they could trust that had the right priorities from president obama to our historic numbers of democratic women. and out of the problems we test and we asked them about everything because you know how this polling goes. i'm thrilled they were thrilled to do one more poll after the election, the candidates they voted against they were really concerned those candidates were going to take us back to the failed policies of the past. they got it. they don't want to roll the clocks back. they want to move forward. and more than being wrong on any issue of debt or health care or taxes, women recognized the total "mad men" gop agenda is what they did not want and they reacted that way. i say the growth will be sustainable in years to come. we have the right agenda and we just need to keep building and talking to our women, our fellow sisters across the country and the men who stand with us because they know that together we can make a great, great difference. and with that, i think about just some of the incredible women who have done so much and we do have a couple of special guests here today a
to be willing to let the tax cuts skpiefrmt is that the right strategy here? >> well, it depends where you're trying to get. i think -- i happen to agree with president obama about where he is substantively in terms of what he needs to do to get an effect ivg program as far as our long term tra jektly. i think some of his tactics, it's very hard if you're not in the room to know what to do tactically but what he says to me is different than what you said. he said i have an objective. we cannot get there with tax expenditures. >> with the tax reduxes. >> right. if it meets with the long-term fiscal trajectory, you can get ourselves in a much better place for the long term and you can significantly improve long range terms. you put all that together. what he then said is i'm willing to sit with people and compromise to find common ground. it's sort of what he says but not quite. he says beall have to work together if we're going to meet that objective. >> what do you guess? is he playing too hard ball with the republicans or is there room for compromise? >> i think he shouldn't focus at all
boehner. right now, there has been a lot of concern, especially among the progressives, but beyond that, insuring that people pay their fair share. but the trade-off, it is clear president obama has said, is cuts to what they call entitlement programs -- medicare, medicaid, social security. talk about these -- our guest yesterday sir anderson called, earned income benefits, actually, not entitlements. >> social security is something people have paid into their entire lives, not just people on the verge of receiving the benefits, even workers have been in the work force for some time. what is extraordinary about this moment to make, what really define president of his first term from a domestic and economic perspective is the recovery from the financial crisis was one that was a recovery for the wealthiest in america -- corporate profits boomed, wall street and the stock market increased at a time when the foreclosure crisis continued to worsen, very little attention was paid to that, very little has been done about unemployment. so the income gap, the rich-poor gap in the u.s. is the hi
for a full 60 days. use promo code: gethelp. plus get this document shredder free-- but only if you act right now. call the number on your screen now! >> i am dennis kneale. >> i am cheryl casone. noon eastern time and here is the question, tax the rich? president obama to hit the hardwood in a couple of hours. he is now insisting on a $1.6 trillion tax increase, but we have a ceo who says the president is meeting with the wrong people. he says small business is really holding all the cards right now. dennis: general alarm. the general agreement testified to congress. we are alive at the pentagon with the latest. cheryl: retail sales falling as we head into the holy grail of profits. black friday and the christmas shopping season. we have two analysts with the stocks to buy the stocks to dump. dennis: nicole petallides, so the dow turned lower, nicole. nicole: at least it looks like they have been dumping them more than buying them lately, cheryl and dennis. down almost 60 points on the dow jones industrial. we recoup some losses we saw earlier today, but the bank index has been under pressur
. just as the united states or president obama would not imagine to negotiate with -- >> that's a false comparison. that's a false comparison. >> that's exactly the situation. you know, where you're sitting right now, the land of israel is not occupied. the land of israel belongs to the jewish state. >> say that to the palestinians. >> that's not the point. >> the palestinians have their own land and instead of using it for a peaceful entity of their own, they're using it to shoot -- >> that's not fair. >> we want peace. believe me, i want peace more than anyone. i have no desire to go out and fight and risk myself and have my kids become orphans. that's not something we want to do. but faced with a very determined radical islamic enemy that wants to wipe us out, i'll be very clear. we're going to stand strong. we're not going to give in to any radical islamists that want to kill us. we will fight as much as necessary to protect the jewish state. >> but that kind of grandstanding, pompous statement, black and white claptrap doesn't necessarily ensure the long term safety of the state of
. it just wasn't enough at the end of the day and we just have to accept that. >> ryan says president obama's re-election campaign did a better job of getting voters to the polls. and he says they won fair and square. >> that was an interesting interview. interesting to see that. all right, thank you, john. appreciate it. still ahead this morning on "starting point," going to have more on those breaking news stories. two major u.s. leaders caught up in a sex scandal. the investigation began months ago in the summer so why did the fbi not tell congress any earlier? we're going to be chatting with jason chaffetz, he's a member of the house oversight committee up next. [ male announcer ] this is anna, her long day teaching the perfect swing begins with back pain and a choice. take advil, and maybe have to take up to four in a day. or take aleve, which can relieve pain all day with just two pills. good eye. two. three. my credit card rewards are easy to remember. with the bankamericard cash rewards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3
at 10:15 a.m. eastern. speaking on on cnbc thursday, the co-chairs of president obama's deficit commission alan simpson and erskine bowles say you law make are haven't been focused on what's really right for the country. >> leaders who think it would be to their advantage to go off a fiscal cliff. what a wonderful trait that is. that we can win more democrats if we let it go over, we can win more with republicans. this whole game is not about win or lose. it's about how do we make the dems lose and how do we make the republicans lose. people are sick of that and they're ashamed of if. >> if we do get our house in order, the future of america is really bright. and we can compete with the best and brightest. if we don't, we're well on on our way to becoming a second rate power. >> simpson isn't hopeful a deal will be reached before the end of the year. bowles sees a one third chance. on that optimistic note, joining us is ben white from politico. so what's it going to be, economic chaos? >> no, i think i'm at more saa more sanguine. republicans lost seats in the house and senate a
petraeus on capitol hill right now. the first time we've seen him since he resigned over an affair. will he put those questions to rest about benghazi? >>> president obama welcomes congressional leaders to the white house this morning. same people, same ideas on the table. is there a new willingness, though, to compromise? >>> a tragedy in texas. a freight train crashes into a parade float carrying veterans. the question is, what went wrong? >>> former director of the budget office, peter orszag will join us, jeff sessions is with us, actress jada pinkett smith will join us and kelly reilly from the movie "flight." "starting point" begins right now. welcome back, everybody. our team this morning, richard socarides is with us. economics editor at the economist. will cain is a columnist at the blaze.com. john berman is with us, helping us out with news. christine romans is sticking around, helping us out with business. fiscal cliff, 46 days and counting, we'll fall off the fiscal cliff. although some people have talked about it as being a gentle slope. >> don't believe that. if it's a slope i
democrat in the senate. why weren't you in his offices getting arrested? >> i think that first obama term was like a dress rehearsal for progressives. we got some stuff right but at the end of the day it was like we got him elected and we thought he would govern and we'd work in unison and this time around we've got to inject way more more post oosh election accountability. so yeah senator durbin is a great ally of ours but he's been part of this gang of six or gang of eight depending on the story, and you know, really trending in the wrong direction. >> a bipartisan group of senators in the house who had been working to the to try to hammer out some kind of deal they could take to the full senate. >> they seem to be backing away from the senate. they've got a shot at doing that. i think we need to in this second chance, we're past the dress rehearsal, is actually get out on the streets, put tension, two of the big things that president obama did that he didn't plan on doing, would block the keystone pipeline, added tension in the relationship and the dream act work. and those were both t
that's a perfect solution. >> all right. let's stay on it. robert frank back at hq. >> yesterday he attended president obama's labor meeting on the fiscal cliff. today we'll get his scoop when dennis van roekel joins us later on. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office. ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last. ♪ enjoy free ship
that now. >> if the grand bargain that president obama and speaker boehner were talking about two years ago were put back on the table right now, with the house republican conference that speaker boehner? the $800 billion. >> through growth, deductions, loopholes, so forth. i have not what this vote. >> she may have to. >> tell me about that. the house republicans are poised to move in that direction. is the speaker hunting out a head of the pack? i do not think so. he is leading the house in a way. he is reflecting what a majority of house republicans are. >> for anyone suggest that speaker boehner the o's and without full support of the republicans would be wrong to attack that would be wrong. what is the speaker doing today? he went out after the president's victory on tuesday. he went to the cameras, offered sincere congratulations, and laid out a pathway for a way for us to mat get out of this. it was a good way. there is some language about compromise and common ground. we have to figure out a way to avoid this fiscal cliff and all the trauma that would ensue if we go over it. the spe
everybody's got to give to get everybody to the table. >> i think right now the key question is we know we need additional revenues for the next ten years. >> we also know we need additional spending cuts. >> and president obama has put that on the table. >> let's talk about the cuts, because joe here has talked, what did you say, you said it was 1 to 1 1/2? >> if he sticks to where he was at 1.2. >> summer of 2011 originally -- >> 1.2, no he wants 1.6 now. he's at 1.6 and we're talking about four total so that's 2.4 to 1.6 would be 1.5 to 1, when he was with boehner, 800, wanted another 4. >> you were in the room so you know. >> first of all, since we talk about bowles-simpson so much, bowles-simpson has a 1:1 ratio. >> it doesn't. >> i thought it's 1:4. >> it's 1:3. >> in the way the bowles-simpson frame was put out something people didn't realize was that in terms of the revenue number they weren't counting the expiration of the high income tax cuts which they proposed to get rid of. apples to apples, in terms of the way people are currently adding up their math, it's approximately a 1:
're not the only ones who would like to avoid the rolling fiscal cliff as you say. >> that's right. >> more with michael in just a second. tune into cnbc later today for a very special event, maria bartiromo will sit down with the co-chairs of president obama's deficit commission in chicago. that's today at the 4:00 p.m. eastern. and still ahead, the latest fed minutes suggest a fresh round of bond purchases. >>> u.s. futures are trying to stage a rebound. this morning implied to open higher by about 31 for the dow, a couple each for the s&p 500 and the nasdaq. european equity markets, though, seeing selling pressure across the board. spain bucking the trend, though giving back earlier gains. we are of course following the story from the mideast all morning. in the meantime, though, minutes from last month's federal reserve meeting show central bank may be preparing to unveil a new bond buying plan next month. the fed's current operation twist program is due to expire at the end of the year. meanwhile san francisco fed president john williams says qe-3 will likely extend into the second hal
million and above it's less and that's all i'm hearing from the obama administration peter at this point, is that high end thing. that doesn't solve anything at this point. >> right. raising tax rates and saying that's the only way to get revenue is a false choice. all we need to do is grow the economy more than it is today and you will get higher revenues. that's the simple math and again, the context of where we're going with these tax hikes is the u.s. economy is barely growing and why would we want to damage that? why do we want to shrink the private sector just as the time we need to increase it. >> they point out the president, when he signed the last compromise when he did the two-year extension he said it's not the right time to raise taxes. they do understand it can be below 250, more deleterious because people above 250 don't save it or they spend it. they understand it's not good for the economy. the $82 billion we were able to get might hurt the economy to the same extent we'll still be at $1 trillion and at $20 trillion within four or five years. >> last week we talked to da
views. paul written into say the cliff issue will go right to the wire and a fudge will be agreed. you can imagine what would happen in any other country which refused to raise taxes with such a difference set. and don says obama will get plenty of advice about how to address it just as in his first term, he will ignore all of it. so a couple different opinions. e-mail us worldwide@cnbc.com, @cnbcwex, @ rosswestgate. it's the start of a new trading week. u.s. futures pointing to a moderately up start. 23 above fair value for the dow, nasdaq 9, and just over 2 points above fair value for the s&p 500. global 300 is flat. ex-take dabs and ftse with slim gains. >>> still to come, greece has approved its latest austerity budget, so will finance ministers agree on the next tranche? perhaps not came. another business win. i'll set up the video conference to iron out the details. this cdw cloud collaboration powered by cisco is pretty amazing. we interact with our offices, anywhere, anytime. charles, you're one of the greatest losers of all time. thank you. [ male announcer ] how could switchg
into another four years of the obama administration, where are we, and why are we here, and how do we get somewhere else? what went wrong, what is going right, and what to do about it going forward? >> first of all, i do not think that favorability ratings and the pew surveys of evidence of whether we're doing something wrong or right. i think it is a huge mistake for anybody who practices public diplomacy to think that his or her job is to win a popularity contest. well i guess maybe some of us who were in the bush administration can take a certain pleasure in effect in 2008, the favorability ratings for the united states were higher in four out of the five surveyed arab countries -- i am not even going to bring that up. [laughter] and it is a big mistake. in my view, and what i tried to do during my short tenure as undersecretary, is try to focus attention on what public diplomacy can do to achieve specific ends that are part of their goals in foreign policy and national security policy. that is what public diplomacy is supposed to do. if everybody loved us, it may be easier to achieve
as a republican vote against a tax cut? right now, a lot of the advantage in the negotiation, for the first time, is with obama. i think he is smart enough to use it. >> but it is interesting, here is counter intuitive, it may well be over the next four years that the president has trouble with republicans, whether they laid down or not, then some of his own nominal supporters on the left to certainly interpret this election as a mandate not to touch social security, not to touch the entitlement programs. and clearly if there is to be a grand bargain, however you define that, it will entail not only increased revenues, but it will require some very difficult program cuts. and that may turn out to be the most controversial, most difficult, most demanding test the president confronts. >> i think the problem will be people within his own party, but i go back to your point, and that is what is going to hold the republicans up. they have to get beyond grover norquist and somebody has to stand up and say that was fine back then, we have won elections on it, but it will not hold on any more. the countr
. martha, thank you very much. >>> that question to president obama about ambassador rice came from jonathan karl, who joined in on the press conference. questions on all of the big issues. but also on that looming fiscal cliff on january 1st. >> reporter: that's right, george. he used that press conference to lay out very bright lines on where he stands on taxes and the fiscal cliff. holding his first news conference since winning re-election, the president took a hard line on his bottom line. there will be no budget deal without raising taxes on the wealthy. >> when it comes to the top 2%, what i'm not going to do is to extend further a tax cut for folks who don't need it, which would cost close to $1 trillion. >> reporter: in his previous efforts to strike a so-called grand bargain with speaker of the house john boehner, the president proposed $800 billion in new tax revenues. but now, he is seeking twice that. $1.6 trillion in new taxes over the next ten years. that's a bitter pill for republicans to swallow. speaker boehner has called raising tax rates on anybody unacceptable.
this morning that he did on friday afternoon. i'll ask it to you right now. >> absolutely, i am. here's why. two reasons. they're the two men that head their respective parties. president obama doesn't have another election to undergo. and so he's removed from the weight of addressing entitlement reform which we must do. so the very far left can't pull him back from doing that. and then you have mr. boehner that i think we democrats should be thankful is head of the house of representatives who almost came to a grand bargain two summers ago with the president. now he's heading a party that's a bit chastised by not appearing modern and enough alike in this last election by the electorate. i think if these two men, particularly if they take the template of the bowles/simpson commission of having both revenues and entitlement reform and spending cuts, can come to a bargain to do that. not to do it, you know as well as i do, carl. that means by mid-march when that debt ceiling is hit, because we can't move the money anymore in treasury, we will have a broken american dream. they've got to do th
the same idea last week. we saw coal stocks sell off right after election day. now coal production hit a historical high in 2008. it tumbled a year later but stail stabilized. the reality is that it's kind of hard to blame obama for everything. utility companies have been ditching coal for natural gas, which is cheaper and cleaner and new rules go into effect in 2015 that will make coal production and coal-fired power plants even more expensive to run. those rules, by the way, carol, stem from the clean air act signed into law by richard nixon. carol? >> you don't have all bad news for us this morning, tell us about the employees of westgate resort. >> this is a real interesting one. david siegle, their ceo, threatened drastic action if president obama was re-elected. instead he is turning around and giving employees a 5% raise. he says they'll need the raise to deal with the increased cost that everyone is going to have to face as obama takes on his second term. he also says with obama re-elected, he's hoping to maintain profits with his company and growth but also admits hiring -- it
. right now the euro seems to believe they will. >> two-week high here. >> as we have been mentioning throughout the show president obama stepped up his lobbying efforts around a fiscal cliff resolution thing weekend before leaving for asia. making calls to jamie dimon, warren buffett, tim cook, several other notable luminaries in the world of business. we know jumping off the cliff or falling off the cliff would impact u.s. gdp. but how much? who better to ask than steve liesman. give me the answers. how much. >> i'm going give you two answers. i will give thank you broader answer but we are also going to take a look now at something here's not been done before. how the fiscal cliff goes down to a state level and county by county level as well. take a look at the overall numbers. p this is the question david asked. here is the 2013 impact. drilled down here. nondefense spending $40 billion comes off. defense spending, $24 billion. bush taxes, $42 billion for the wrelthy. that takes a drop of $503 billion. we sandt studded can't saw how exactly it spreads out but we can say where fede
that was significant. there is a possibility he could do that now. >> if the grand bargain that president obama and speaker boehner were talking about two years ago were put back on the table right now, with the house republican conference that speaker boehner? the $800 billion. >> through growth, deductions, loopholes, so forth. i have not what this vote. >> she may have to. >> tell me about that. the house republicans are poised to move in that direction. is the speaker hunting out a head of the pack? i do not think so. he is leading the house in a way. he is reflecting what a majority of house republicans are. >> what is the speaker doing today? he went out after the president's victory on tuesday. he went to the cameras, offered sincere congratulations, and laid out a pathway for a way for us to get out of this. it was a good way. there is some language about compromise and common ground. we have to figure out a way to avoid this fiscal cliff and all the drama that would ensue if we go over it. the speaker laid out a pathway and said to the president -- lead us on this pathway. we are telli
this morning. we were down 60 points on the dow right at the open, and we've essentially moved 130 points. a couple of pieces of speculation floating around. one is, of course, president obama will be meeting with business leaders, labor leaders this afternoon to talk about the fiscal cliff. there's a lot of expectations of high-profile headlines that are out there, that may be helpful to the markets. that's number one. number two, i want to put up the spanish yield. you heard simon just mentioning that. when i called around and said, boy, this is an interesting little rally, a lot of people pointed to this big plunge in spanish yields that's going on today. i don't have a lot of news for you at all here. there's been some vague speculation that the ecb may begin buying spanish bonds. that's been around for a long time. some vague speculations about that, but that was certainly a factor, i think, in pushing up more markets as well. let me move on here to talk about home depot. the key story of this morning was home depot. i hope y'all don't think that hurricane sandy was the necessary maj
to extend it for another decade, to provide benefits immediately, immediately for seniors right now. republicans took that same money and gave tax cuts to the rich, and that was the message that outside money spent a fortune to misrepresent. and that is why the election of barack obama was so very, very important to protect medicare, even the we could not get the majority. we knew what he wants, that many of the issues, affordable care, medicare, et cetera were protected. so we have a different view of what happened that day. you saw some of the members that we elected, the intellect that we brought in here. so it's not about quantity so much for us as the quality of leadership, the quality of our members, the ideas that they have, the talent they bring, that commitment and dedication to a better future. we are a solidly -- we may not have the majority and we may not have the gavel, but we have the unity, and we have unity to go forward to create jobs, to build our economy, simple as abc. american-made, make it in america. b., build the infrastructure of america. right? and c, tax c
, and republicans have been picking on obama for four years. and usually their mantra goes jobs, destroying regulation, let industry police itself, we don't want government involved. now they are saying we want more government involvement. and i think they are right. with one appropriate government involvement to stop these things from happening. so, you would think that our obligation would be to figure out, he had the authority? i respect that chairman greatly but i've never understood him to be a great legal scholar. seems to be there's some ambiguity. if there's an ambiguity it's our job to clear it up. you think there's an ambiguity because the law we drafted in 1997 said one thing and the court came in and said something else. you don't know what you can add, what do you can't act. if want to make you act in the future, other than just to beat you up do not i can, we got to make sure you have all of the authority appropriate to act. courts have thrown out part of that 1997 law. the courts themselves divided on whether section 503(a) continue to any legal force and the western states,
what happened. i think that what we are dealing with right at this moment is a signal from senator mccain that they are not going to cooperate with the second administration of barack obama, that they are going to stall out all of his nominations. this is their warning shot that they are going to filibuster her appointment and perhaps anybody else's. i think that's what it is. and here is the intelligence committee member. >> again, i'm really confused. the only point in contention really is whether or not this attack emerged from a protest and as soon as the information became clearer and it did take some time for that to happen, then that was perfectly clarified. there is absolutely -- it's inconceivable to me for anybody to speculate there would be a deliberate misleading of the american people. why would there be? it's perfectly inconsequential al. there was a spontaneous demonstration and the terrorist groups organize niced to take tunistic advantage of it or not. in any case, there is no advantage to mislead the american people in that regard. i mean you have to have motivati
of the onion our. as the one we need. just a little schedule not. let's bring her out right now. first things first. i don't know if you heard. they finished counting the votes. and according to the official final florida total, barack obama did when the state of florida barely edging out al gore. another problem for our state. florida, you can spell it without the. and honestly, if you go to that date county election bureau official website it says election ready. it does. almost impossible this could happen. twelve years ago. everyone remembers 2000. they could not figure out which will. people of florida, if you are behind -- year in a left turn lane with and marijuana pointing left and behind a car, usually is to people in the 1998 buick. a light changes, there's a green arrow pointing left. with the flock. usually have to wait a couple of cycles. what i want to do is to make it more friendly for florida voters. instead of using words, pictures. you would go by poking under candid it's eyeballs. follow what happened, the poke up their own eyeballs. the ballot was really, really long. long
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